On to my view on BTC this year,
#美联储何时降息? #美联储连续第七次维持基准利率不变 #IO
1. The Fed says “high rates for a long time” but we’ve almost certainly seen the peak. There will be rate cuts in the future - either September or December, but not July again
2. This means that risk assets like BTC will remain range-bound with occasional memecoin manias
3. This is re-accumulation aka consolidation range - in a worse case scenario we could see a drop to 59K/60K levels.
4. Accept this and buy the dips because in my opinion, rate cuts are inevitable this year - NFA DYOR and all other disclaimers.
5. Don’t over-rely on leverage. Volatile market conditions could ruin you.
6. Positioning:
6A: In my opinion, the big picture is intact. Regulators and senators are now in favor of crypto, especially if Trump wins. Tokens like BODEN and MAGA should be accumulated at the bottom. and other meme coins in our hands
6B: ETH ETF will be approved soon. In my opinion, ETH is already at a very attractive level. If we see further declines, I will accumulate more. But once the ETF is launched, it will be a selling event for me. Smart investors will not give up 5-7% returns (mortgage and re-mortgage) just to hold an ETF with a 0% return.
7. Summary: Basically, this is a huge liquidity opportunity, ready to buy on dips in the fourth quarter of this year.
I said that if you are not good at screening strong coins, I suggest you follow me. Especially in the spot, a little action may bring unexpected gains, opportunities are fleeting, and must be seized! Success is not just luck, wise choices are more important than hard work, and the circle you are in also determines your destiny. In the currency circle, in addition to having keen insight, you must keep up with excellent teams and outstanding leaders. Follow me, you are halfway to success in the currency circle!